{"id":819683,"date":"2022-09-13T19:36:26","date_gmt":"2022-09-13T17:36:26","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/"},"modified":"2022-09-13T19:36:26","modified_gmt":"2022-09-13T17:36:26","slug":"madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/","title":{"rendered":"Madrona Raises Record $690 Million to Fund and Partner with Innovative Founders and Their Companies"},"content":{"rendered":"<p>\nLargest Fundraise ever by a Seattle-Based VC Reinforces Strength of Early-stage Opportunities in the PNW and the Region\u2019s Role in Building Disruptive Companies with Global Impact\n<\/p>\n<p>SEATTLE&#8211;(BUSINESS WIRE)&#8211;<a href=\"https:\/\/twitter.com\/hashtag\/IA40?src=hash\" target=\"_blank\">#IA40<\/a>&#8212;<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.madrona.com%2F&amp;esheet=52888451&amp;newsitemid=20220913005470&amp;lan=en-US&amp;anchor=Madrona&amp;index=1&amp;md5=6a15e41468a34f1b05a742fd06938256\">Madrona<\/a>, the largest Seattle-based venture firm, today announced it raised $690 million across two oversubscribed funds for technology startups based in the Pacific Northwest and beyond. With more than 25 years of experience building companies with founders from pre-seed onward, 100% of existing institutional investors supported the firm\u2019s new funds \u2014$430 million Madrona Fund 9 and $260 million Acceleration Fund 3. These funds represent an almost 40% increase from the $500 million Madrona raised in 2020, and the firm will continue to initially invest in technology startups at pre-seed through Series C stages.\n<\/p>\n<p>\n\u201cWe are a team of <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.madrona.com%2Fthe-full-stack-vc%2F&amp;esheet=52888451&amp;newsitemid=20220913005470&amp;lan=en-US&amp;anchor=full+stack+investors&amp;index=2&amp;md5=c5f50148d75e21401c4c646e80139253\">full stack investors<\/a> who invest from Day One and partner with founders across all dimensions of their business for the long run. Raising these funds during this challenging macro-economic environment speaks to the strength of our strategy and results,\u201d said Madrona Managing Director Matt McIlwain. \u201cWe deeply believe in the massive opportunities for founders to build lasting companies over the next decade with roots in the Pacific Northwest. We are also committed to helping companies that have found product-market fit and are headquartered anywhere access and benefit from the Seattle ecosystem at the heart of modern technology disruption. We are especially grateful for the exceptional Madrona team, our broader community, and our investment partners who continue to help build a stronger flywheel for long-term success.\u201d\n<\/p>\n<p>\nMadrona Fund 9 will focus on its enduring strategy of supporting Pacific Northwest-based pre-seed, seed, and Series A founders to help them build and scale throughout their company journey. Historically, over 80% of Madrona\u2019s core fund portfolio companies are based in the Pacific Northwest. This reflects the firm\u2019s strong belief that, even in a hybrid world, early-stage companies benefit from easy access to experiential learning and trusted networks, such as those Madrona has built over many years. Current investment themes include modern data stack and DevOps, intelligent applications (applied AI &amp; ML <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ia40.com%2F&amp;esheet=52888451&amp;newsitemid=20220913005470&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.ia40.com%2F&amp;index=3&amp;md5=2fd759e2c2cd49191dcace3796641fc3\">https:\/\/www.ia40.com\/<\/a> ), fintech, Web3, and the intersections of life and computer\/data sciences.\n<\/p>\n<p>\nAcceleration Fund 3 will focus on investing in teams that have found product-market fit \u2014 generally at the Series B or C stage \u2014 and are at a growth inflection point. About half of Madrona\u2019s Acceleration Fund companies are in major tech centers across the country \u2014 Silicon Valley, New York City and Salt Lake City, to name a few. These companies are often leveraging AI and ML along with cloud computing to build the best intelligent applications and enabling technologies in the world.\n<\/p>\n<p>\nThis news follows the <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.madrona.com%2Fwelcome-karan-mehandru%2F&amp;esheet=52888451&amp;newsitemid=20220913005470&amp;lan=en-US&amp;anchor=appointment&amp;index=4&amp;md5=7fbbc974139cb857b6a4330433b3e82b\">appointment<\/a> of new Madrona Managing Director Karan Mehandru. Mehandru, an experienced VC with strong ties to Seattle, will be based in Madrona\u2019s new Palo Alto office. He will help bring the Seattle mindset of collaborative and durable investing to outstanding companies around the country. Additionally, Madrona keeps expanding the team with new investment professionals, strategic directors, venture partners, and venture growth team members \u2014 all with a focus on helping founders build exceptional companies.\n<\/p>\n<p>\nAbout Madrona\n<\/p>\n<p>\nMadrona (<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.madrona.com&amp;esheet=52888451&amp;newsitemid=20220913005470&amp;lan=en-US&amp;anchor=www.madrona.com&amp;index=5&amp;md5=1a0c8ba56ac0f5df6e53507395d613c1\">www.madrona.com<\/a>) is a venture capital firm based in Seattle, Washington. With more than 25 years of investing in early-stage technology companies, the firm has worked with founders from Day One to help build their company for the long run. Madrona initially invests in seed and Series A rounds across the information technology spectrum and in acceleration stage (Series B and C) companies building intelligent applications. Madrona manages $3 billion and was an early investor in companies such as Amazon, Smartsheet, Snowflake, Apptio, Redfin, and UI Path.\n<\/p>\n<p>Contacts <\/p>\n<p>\nErika Shaffer<br \/>\n<br \/><a target=\"_blank\" href=\"&#109;a&#x69;l&#x74;&#111;&#x3a;&#101;&#x72;&#105;k&#x61;&#64;&#x6d;&#97;&#x64;&#114;&#x6f;&#110;&#x61;&#46;c&#x6f;m\">erika&#64;madrona&#46;com<\/a><br \/><a target=\"_blank\" href=\"&#x6d;&#97;&#x69;&#108;t&#x6f;&#58;m&#x65;&#100;&#x69;&#x61;&#64;&#x6d;&#97;d&#x72;&#111;&#x6e;&#x61;&#46;&#x63;&#111;m\">&#x6d;&#101;&#x64;&#x69;&#97;&#x40;&#109;a&#x64;&#114;o&#x6e;&#97;&#46;&#x63;&#111;m<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Largest Fundraise ever by a Seattle-Based VC Reinforces Strength of Early-stage Opportunities in the PNW and the Region\u2019s Role in Building Disruptive Companies with Global Impact SEATTLE&#8211;(BUSINESS WIRE)&#8211;#IA40&#8212;Madrona, the largest Seattle-based venture firm, today announced it raised $690 million across two oversubscribed funds for technology startups based in the Pacific Northwest and beyond. With more [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-819683","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Madrona Raises Record $690 Million to Fund and Partner with Innovative Founders and Their Companies - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Madrona Raises Record $690 Million to Fund and Partner with Innovative Founders and Their Companies - BeBeez\" \/>\n<meta property=\"og:description\" content=\"Largest Fundraise ever by a Seattle-Based VC Reinforces Strength of Early-stage Opportunities in the PNW and the Region\u2019s Role in Building Disruptive Companies with Global Impact SEATTLE&#8211;(BUSINESS WIRE)&#8211;#IA40&#8212;Madrona, the largest Seattle-based venture firm, today announced it raised $690 million across two oversubscribed funds for technology startups based in the Pacific Northwest and beyond. With more [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/\" \/>\n<meta property=\"og:site_name\" content=\"BeBeez\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-13T17:36:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo-x2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"683\" \/>\n\t<meta property=\"og:image:height\" content=\"242\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Madrona Raises Record $690 Million to Fund and Partner with Innovative Founders and Their Companies\",\"datePublished\":\"2022-09-13T17:36:26+00:00\",\"dateModified\":\"2022-09-13T17:36:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/\"},\"wordCount\":624,\"publisher\":{\"@id\":\"https:\/\/15.161.165.86\/#organization\"},\"articleSection\":[\"Private capital in North America\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/\",\"url\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/\",\"name\":\"Madrona Raises Record $690 Million to Fund and Partner with Innovative Founders and Their Companies - BeBeez\",\"isPartOf\":{\"@id\":\"https:\/\/15.161.165.86\/#website\"},\"datePublished\":\"2022-09-13T17:36:26+00:00\",\"dateModified\":\"2022-09-13T17:36:26+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bebeez.it\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Madrona Raises Record $690 Million to Fund and Partner with Innovative Founders and Their Companies\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/15.161.165.86\/#website\",\"url\":\"https:\/\/15.161.165.86\/\",\"name\":\"BeBeez\",\"description\":\"BeBeez\",\"publisher\":{\"@id\":\"https:\/\/15.161.165.86\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/15.161.165.86\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/15.161.165.86\/#organization\",\"name\":\"BeBeez\",\"url\":\"https:\/\/15.161.165.86\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/15.161.165.86\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo.png\",\"contentUrl\":\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo.png\",\"width\":309,\"height\":122,\"caption\":\"BeBeez\"},\"image\":{\"@id\":\"https:\/\/15.161.165.86\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Madrona Raises Record $690 Million to Fund and Partner with Innovative Founders and Their Companies - BeBeez","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/","og_locale":"en_US","og_type":"article","og_title":"Madrona Raises Record $690 Million to Fund and Partner with Innovative Founders and Their Companies - BeBeez","og_description":"Largest Fundraise ever by a Seattle-Based VC Reinforces Strength of Early-stage Opportunities in the PNW and the Region\u2019s Role in Building Disruptive Companies with Global Impact SEATTLE&#8211;(BUSINESS WIRE)&#8211;#IA40&#8212;Madrona, the largest Seattle-based venture firm, today announced it raised $690 million across two oversubscribed funds for technology startups based in the Pacific Northwest and beyond. With more [&hellip;]","og_url":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/","og_site_name":"BeBeez","article_published_time":"2022-09-13T17:36:26+00:00","og_image":[{"width":683,"height":242,"url":"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo-x2.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/#article","isPartOf":{"@id":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/"},"author":{"name":"","@id":""},"headline":"Madrona Raises Record $690 Million to Fund and Partner with Innovative Founders and Their Companies","datePublished":"2022-09-13T17:36:26+00:00","dateModified":"2022-09-13T17:36:26+00:00","mainEntityOfPage":{"@id":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/"},"wordCount":624,"publisher":{"@id":"https:\/\/15.161.165.86\/#organization"},"articleSection":["Private capital in North America"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/","url":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/","name":"Madrona Raises Record $690 Million to Fund and Partner with Innovative Founders and Their Companies - BeBeez","isPartOf":{"@id":"https:\/\/15.161.165.86\/#website"},"datePublished":"2022-09-13T17:36:26+00:00","dateModified":"2022-09-13T17:36:26+00:00","breadcrumb":{"@id":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/madrona-raises-record-690-million-to-fund-and-partner-with-innovative-founders-and-their-companies\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bebeez.it\/en\/"},{"@type":"ListItem","position":2,"name":"Madrona Raises Record $690 Million to Fund and Partner with Innovative Founders and Their Companies"}]},{"@type":"WebSite","@id":"https:\/\/15.161.165.86\/#website","url":"https:\/\/15.161.165.86\/","name":"BeBeez","description":"BeBeez","publisher":{"@id":"https:\/\/15.161.165.86\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/15.161.165.86\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/15.161.165.86\/#organization","name":"BeBeez","url":"https:\/\/15.161.165.86\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/15.161.165.86\/#\/schema\/logo\/image\/","url":"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo.png","contentUrl":"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo.png","width":309,"height":122,"caption":"BeBeez"},"image":{"@id":"https:\/\/15.161.165.86\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/posts\/819683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/comments?post=819683"}],"version-history":[{"count":0,"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/posts\/819683\/revisions"}],"wp:attachment":[{"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/media?parent=819683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/categories?post=819683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/tags?post=819683"},{"taxonomy":"settori","embeddable":true,"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/settori?post=819683"},{"taxonomy":"slider_categorie_and_home_page","embeddable":true,"href":"https:\/\/bebeez.it\/en\/wp-json\/wp\/v2\/slider_categorie_and_home_page?post=819683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}